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Electrical Retailer, Major Home Appliances - Brisbane

Listing Id : 262022

Location : Queensland - BRISBANE

Category : Retail, Hardware, Homeware

Asking Price : 90,000

Business description

BS141275 Motivated Seller, Established over 15 years. Asking $90,000 including assets valued by owner at around $10,000 PLUS Stock at Value Home Appliance retailer specialising in Air-Conditioning, Kitchen and Laundry Appliances with steady and consistent sales and profits. Trading in same location for over 15 years, with over 18,000 past and present clients. In addition to consumer sales, the business provides product to a range of commercial clients, including Real Estate Agents, Electricians, Plumbers, Cabinet Makers, Property Maintenance Companies and Appliance Repair Services. The business is differentiated from other retailers by offering a co-ordinated delivery, installation and removal service for air-conditioning, cooking appliances, as well as other whitegoods. Simple to operate business, with Point of Sale systems and streamlined ordering process through Bi-Rite Electrical Buying Group. Plenty of opportunity to grow business by extending trading hours, growing the commercial clientele and initiating a social media plan. In addition, direct marketing to the customer database could be implemented. Business Highlights -Turnover $1.5 million/annum plus from 2006 - 2019 -Profit to working owner of $118,500 FY2019 -EBITDA of $53,500 based on employing a manager -No specific skills required - Air Conditioning knowledge an advantage -Opportunities to increase Sales and Profits -Opportunity to trade 7 days (currently trades Monday - Sat) -Located in Browns Plains Junction Shopping Centre ( Opp Office Works/ BCF / Pet Barn / Fernwood) -Servicing one of South East Queensland’s high growth corridors. The current owner will ensure a smooth transition, which should only require 2 or 3 weeks handover. Asking Price: $90,000

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